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Stories for December 1st 2010

• Wednesday, December 1st 2010 - 07:01 UTC

  Paraguayan leader toasts with mineral water the end of chemotherapy treatment

  

  Paraguayan president Fernando Lugo and the team of Brazilian and Paraguayan doctors who are treating him for lymphatic cancer symbolically champagne-toasted with mineral water the last session of chemotherapy, which apparently has been successful.

• Wednesday, December 1st 2010 - 03:35 UTC

  Brazil plans to cut subsidized long term loans to combat inflation

  

  Brazil plans to cut funding for its state development bank by 50% in 2011 in an effort to bring down the world’s second-highest inflation-adjusted interest rates. The reduction in loans the government provides to BNDES, as the bank is known, forms part of a plan to curb public spending, Finance Minister Guido Mantega said in an interview in Brasilia.

• Wednesday, December 1st 2010 - 03:30 UTC

  Brazil’s natural gas production record in October: 65 million cubic metres per day

  

  Brazil's natural gas output reached a record 65 million cubic meters a day in October, up 9.3% from the same month in 2009, Brazil's National Petroleum Agency, or ANP, said Tuesday. The gas output was also 1.64% higher than in September, ANP said.